Bitcoin Mining Farms Lose Government Subsidies in Norway

Crypto industry in Norway has been dealt a huge blow as the government moved to halt the electricity subsidies for the bitcoin mining companies. According to local media, the new state budget states that, starting from January 1st, crypto miners will have to pay the…

Bitfury Debuts a New Generation Bitcoin Mining Chip

The crypto mining industry has seen the one company dominance for quite some time, as Bitmain commands around 70 percent of the global market for BTC mining solutions. However, with the mining giant currently preparing for its IPO, other players are trying to raise the…

The Icelandic Bitcoin Mining Equipment Thief Escapes

 Sindri Þór Stefánsson, famous for masterminding and stealing hardware from a data center involved in cryptocurrency mining in Iceland has shocked the world once again. He has escaped the prison in Iceland where he was under police custody. He is reported to be in Stockholm,…